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Robinhood CEO Vlad Tenev says it's not "entirely relevant" that the platform's OpenAI and SpaceX stock tokens aren't technically equity in the companies.
Robinhood Markets Inc. (HOOD) launched tokenized versions of over 200 U.S. stocks and exchange-traded funds (ETFs) for European customers, including private companies like OpenAI and SpaceX, ...
Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. Similar ...
Still, the excitement for the blockchain-enabled assets remains high, and Robinhood CEO Vlad Tenev brushed off OpenAI's ...
Robinhood Stock Tokens face EU regulatory probes after OpenAI and SpaceX distance themselves from the crypto-linked ...
The Bank of Lithuania has launched a probe into Robinhood’s (NASDAQ:HOOD) new blockchain-based “Stock Tokens,” following concerns raised by OpenAI over their association with the tokens. The central ...
Tokenised stocks—a product introduced by online brokerage firm Robinhood in Europe on June 30—allow users in the European ...
OpenAI has publicly disassociated itself from Robinhood’s recent offering of so-called “OpenAI tokens,” clarifying that these tokens do not represent actual equity in the company.
Robinhood’s stock hit record highs with its crypto token launch, but shares slid after OpenAI denied involvement, warning the tokens aren’t legitimate equity.
Robinhood is the latest to offer investors a novel, and potentially risky, investment opportunity: crypto that’s meant to give exposure to the likes of OpenAI.
OpenAI wants to make clear that Robinhood's sale of "OpenAI tokens" will not give everyday consumers equity — or stock — in OpenAI. TechCrunch Desktop Logo TechCrunch Mobile Logo.
Robinhood CEO Vlad Tenev said Tuesday that it’s not “entirely relevant” that the trading platform’s tokenized shares of ...